02.12.2014 - 10:20 [ Trend.az ]

What Russia‘s halt of „South Stream“ means for Azerbaijan

Due to the lack of competition on the market of southern Europe – that is what the Russian project was intended for – the importance of supplies from Azerbaijan will significantly increase.

Europe, which today puts up a variety of conditions, such as additional checks of privatization of Greek gas transmission operator DESFA, will have to be more compliant, as for now Azerbaijan remains the only real alternative supplier of gas to southern Europe.